ATTACHMENT B
CITY OF LANCASTER
MONTHLY REPORT OF INVESTMENTS
October 2023
(1) This is the actual City bank account balance as of 10/31/2023. It only reflects checks that have been presented for payment and deposits received by the bank.
The balance on deposit per the City books would reflect reductions for all checks and warrants issued and all deposits transmitted.
(2) This is the safekeeping account utilized for investing City funds pursuant to and consistent with the investment policy adopted on 02/13/2018. The current portfolio consists of treasury notes, government agencies, corporates, and CDs.
(3) Pooled Portfolio:
% of Po rtfolio Policy Limit
Cash 17.35% None
CDs 0.12% 25% of total portfolio
Commercial Pape
r 0.00% 25% of total portfolio
US Treasury 13.87% None
Federal Securities 8.33% None
Corporate Securities 7.66% 30% of total portfolio
Municipal/Provincial 2.07% None
California CLASS 40.25% None
LAIF 10.35% None
(4) These are restricted cash and investments are held in trust by the banks indicated.
These amounts cannot be pooled for other investments.